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OC

Owens Corning

OC

143.40USD+2.40 (+1.70%)Market Closed
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Market Summary

USD143.40+2.40
Market Closed
1.70%

OC Stock Price

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OC RSI Chart

OC Valuation

Market Cap

12.7B

Price/Earnings (Trailing)

10.72

Price/Sales (Trailing)

1.32

EV/EBITDA

6.43

Price/Free Cashflow

7.52

OC Price/Sales (Trailing)

OC Profitability

EBT Margin

16.33%

Return on Equity

23.29%

Return on Assets

10.74%

Free Cashflow Yield

13.3%

OC Fundamentals

OC Revenue

Revenue (TTM)

9.7B

Revenue Y/Y

-1.98%

Revenue Q/Q

-3.28%

OC Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

-28.3%

Earnings Q/Q

-2.32%

Price Action

Last 7 days

3.1%

Last 30 days

17.2%

Last 90 days

0.4%

Trailing 12 Months

55.6%

How does OC drawdown profile look like?

OC Financial Health

Current Ratio

2.16

Debt/Equity

0.59

Debt/Cashflow

0.56

OC Investor Care

Dividend Yield

1.45%

Dividend/Share (TTM)

2.08

Buy Backs (1Y)

7.68%

Diluted EPS (TTM)

13.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20239.7B9.7B9.7B0
20228.9B9.3B9.6B9.8B
20217.4B8.0B8.3B8.5B
20207.1B6.8B6.8B7.1B
20197.0B7.1B7.2B7.2B
20186.6B6.8B6.9B7.1B
20175.9B6.0B6.2B6.4B
20165.4B5.5B5.6B5.7B
20155.2B5.2B5.3B5.3B
20145.2B5.2B5.3B5.3B
20135.2B5.1B5.2B5.3B
20125.4B5.4B5.2B5.2B
20115.0B5.0B5.3B5.3B
20105.0B5.2B5.0B5.0B
20095.6B5.3B5.1B4.8B
20080005.8B

Latest Insider Trading transactions for OC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 06, 2023
morris w howard
sold
-42,717
122
-350
-
Nov 03, 2023
mendez-andino jose
acquired
2,541
122
20.722
evp, chief r&d officer
Nov 03, 2023
russell paula
acquired
2,095
122
17.084
evp, chief hr officer
Nov 03, 2023
nimocks suzanne p
acquired
10,367
122
84.524
-
Nov 03, 2023
martin paul edward
acquired
2,213
122
18.046
-
Nov 03, 2023
mannen maryann t.
acquired
11,890
122
96.939
-
Nov 03, 2023
williams john david
acquired
24,579
122
200
-
Nov 03, 2023
lonergan edward f
acquired
22,496
122
183
-
Nov 03, 2023
sandri marcio a
acquired
15,095
122
123
president, composites
Nov 03, 2023
elsner adrienne
acquired
7,490
122
61.069
-

1–10 of 50

Which funds bought or sold OC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
Raleigh Capital Management Inc.
added
47.06
5,988
17,081
0.01%
Dec 06, 2023
CITIGROUP INC
reduced
-27.54
-3,052,670
9,530,010
0.01%
Dec 06, 2023
VisionPoint Advisory Group, LLC
added
53.01
12,983
34,649
0.01%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
added
21.28
1,641
7,775
-%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
new
-
249,670
249,670
0.01%
Nov 30, 2023
Neo Ivy Capital Management
new
-
1,522,000
1,522,000
0.67%
Nov 27, 2023
USA FINANCIAL FORMULAS
new
-
100,671
100,671
0.15%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-18.93
-23,429,800
130,170,000
0.08%
Nov 22, 2023
KBC Group NV
unchanged
-
-
22,619,000
0.09%
Nov 22, 2023
Verity Asset Management, Inc.
sold off
-100
-224,460
-
-%

1–10 of 38

Latest Funds Activity

Are funds buying OC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OC
No. of Funds

Schedule 13G FIlings of Owens Corning

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.26%
9,586,320
SC 13G/A
Jan 27, 2023
blackrock inc.
13.2%
12,334,569
SC 13G/A
Jan 23, 2023
blackrock inc.
13.2%
12,334,569
SC 13G/A
May 10, 2022
vanguard group inc
10.03%
9,740,752
SC 13G/A
Feb 14, 2022
boston partners
4.21%
4,229,563
SC 13G/A
Feb 09, 2022
vanguard group inc
9.73%
9,777,972
SC 13G/A
Jan 27, 2022
blackrock inc.
11.5%
11,559,475
SC 13G/A
Jan 26, 2022
blackrock inc.
11.5%
11,559,475
SC 13G/A
Feb 11, 2021
boston partners
7.05%
7,633,857
SC 13G/A
Feb 10, 2021
vanguard group inc
9.49%
10,271,489
SC 13G/A

Recent SEC filings of Owens Corning

View All Filings
Date Filed Form Type Document
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading
Nov 07, 2023
4
Insider Trading

Peers (Alternatives to Owens Corning)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.4B
22.1B
8.48% 27.15%
36.24
2.1
8.08% -64.84%
18.2B
17.3B
18.46% 122.36%
11.57
1.05
-24.78% -43.92%
18.1B
5.2B
9.44% 22.76%
33.07
3.57
8.66% 28.22%
14.4B
6.0B
12.33% 17.14%
19.56
2.39
-1.98% -16.15%
12.0B
-
13.22% 39.90%
25.57
38.14
-70.09% 13.79%
MID-CAP
6.0B
4.0B
10.80% 5.12%
17.21
1.51
-1.35% -9.90%
5.3B
1.1B
11.54% 22.95%
31.32
4.75
44.91% 150.46%
5.1B
3.7B
4.94% 8.12%
6.63
1.39
-3.44% -14.01%
3.6B
1.7B
11.06% 5.27%
26.69
2.06
-0.59% -31.21%
2.4B
889.9M
-33.39% -70.90%
-2.52
2.69
38.49% -36.98%
SMALL-CAP
1.1B
1.4B
10.46% 5.42%
10.68
0.75
2.62% 83.76%
573.7M
140.1M
13.16% -60.19%
-32.64
4.09
33.18% 85.88%
519.9M
1.8B
11.68% -5.55%
9.22
0.28
-8.66% 162.33%
377.6M
-
3.00% -0.26%
-14.48
2.48
-17.10% -126.73%
58.3M
58.2M
17.61% 22.49%
15.79
1
-7.56% 11.27%

Owens Corning News

Latest updates
Investing.com09 Dec 202303:59 pm9 hours ago
Nasdaq09 Dec 202312:34 am24 hours ago
Yahoo Finance08 Dec 202304:31 pm32 hours ago
WV News07 Dec 202309:30 pm2 days ago
MarketBeat07 Dec 202304:42 pm2 days ago
Nasdaq05 Dec 202302:40 pm4 days ago
Yahoo Finance04 Dec 202306:28 pm5 days ago
Simply Wall St03 Dec 202303:01 pm6 days ago
Yahoo Finance29 Nov 202308:00 am10 days ago
StockNews.com17 Nov 202308:00 am22 days ago
Yahoo Finance14 Nov 202308:00 am25 days ago
StockNews.com08 Nov 202308:00 am31 days ago
Yahoo Finance07 Nov 202308:00 am32 days ago
Yahoo Finance31 Oct 202307:00 am39 days ago

Financials for Owens Corning

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-3.3%2,4792,5632,3312,2852,5292,6012,3462,1312,2132,2391,9151,9251,9041,6251,6011,6921,8831,9181,6671,7241,818
Gross Profit-3.3%727752589570693734619559596618444484477343306383461440325411448
Operating Expenses0%26526555.0039185.002471792362041931462121851751,176214186213209189193
  S&GA Expenses-2.9%201207204-201201184-186188174-163151179-164181182-159
  R&D Expenses3.6%29.0028.0028.0033.0026.0024.0023.0028.0021.0022.0020.0023.0020.0018.0021.0022.0021.0022.0022.0023.0021.00
EBITDA Margin-4.5%0.23*0.24*0.24*0.23*0.25*0.23*0.23*0.23*0.23*0.23*0.21*0.05*0.03*0.02*0.03*------
Interest Expenses-26.1%17.0023.0022.0027.0028.0026.0028.0029.0031.0033.0033.0034.0035.0036.0027.0030.0033.0032.0036.0025.0031.00
Income Taxes-9.1%11012113033.0011411910769.0094.0097.0059.0010.0056.0039.0024.0027.0061.0059.0039.0029.0067.00
Earnings Before Taxes-3.9%446464512155582463414296354395268241261135-89398.0021219882.00200228
EBT Margin-7.5%0.16*0.18*0.18*0.17*0.18*0.16*0.16*0.15*0.15*0.15*0.12*-0.04*-0.06*-0.07*-0.05*------
Net Income-2.3%33734538312447034330422726029821023220696.00-91773.0015013844.00171161
Net Income Margin-9.6%0.12*0.14*0.14*0.13*0.14*0.12*0.12*0.12*0.12*0.12*0.10*-0.05*-0.08*-0.09*-0.08*------
Free Cashflow39.9%691494-164675461466158335466498204418488281-52.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.6%11,06911,00110,84010,75210,72110,54310,31610,0159,9819,9779,5609,4819,3989,3709,15110,0069,95510,18310,2659,77110,046
  Current Assets4.2%3,9493,7913,5933,5563,5673,6893,4313,0973,1433,1242,7382,6062,6332,6042,3322,0612,1302,2392,3332,0202,241
    Cash Equivalents36.7%1,3239687571,09975881775596692789561272465458924117942.0010090.0085.00144
  Inventory-4.3%1,2321,2881,3401,3341,3221,2541,1471,0789498878548558869511,0621,0331,0311,0581,1091,0721,032
  Net PPE-0.9%3,6883,7233,7453,7293,6603,6843,8253,8733,7673,7913,7583,8093,7173,7163,7473,8553,7593,8023,7763,8113,741
  Goodwill-0.6%1,3781,3871,3871,3831,3671,07998399099516.009809899769669591,9321,9091,9401,9351,9491,960
Liabilities-0.4%5,9195,9426,0036,1316,0355,9565,8185,680-------------
  Current Liabilities-0.3%1,8261,8321,9332,1042,0141,9741,9991,6971,6861,6371,4671,4401,3511,3931,4301,3291,2611,3251,2751,2781,386
  Short Term Borrowings---------------------1.00
  Long Term Debt-0.1%3,0023,0042,9992,9922,9882,9892,9592,9602,9583,1443,1453,1263,1263,3143,2132,9863,1803,4043,7113,3623,669
Shareholder's Equity1.4%5,1055,0344,8124,5754,6614,5624,3654,3354,2494,1563,9673,9413,8923,6633,5264,6714,5224,4454,3024,3244,206
  Retained Earnings6.6%4,7184,4274,1293,7943,7193,2822,9742,7062,5152,2822,0111,8291,6251,4451,3762,3192,2722,1462,0332,0131,867
  Additional Paid-In Capital0.2%4,1524,1434,1294,1394,1244,1074,0914,0924,0764,0644,0564,0594,0644,0544,0464,0514,0434,0344,0254,0284,017
Shares Outstanding-1.0%89.0090.0091.0092.0096.0098.00100100103105105106109109109110109109110110110
Minority Interest0%20.0020.0021.0021.0021.0022.0024.0039.0039.0039.0039.0040.0040.0039.0039.0040.0039.0040.0040.0041.0041.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations39.9%691494-164675461466158335466498204418488281-52.00441309438-151297200
  Share Based Compensation-21.4%11.0014.0013.0013.0013.0013.0012.0014.0012.0012.0012.0010.0011.009.0011.008.0010.0010.0011.0013.0012.00
Cashflow From Investing7.1%-117-12624.00-50.00-233-252-88.00-135-29.00-92.00-121-101-50.007.00-61.00-109-83.00-107-95.00-38.00-121
Cashflow From Financing-18.3%-200-169-216-299-246-144-285-165-396-126-194-252-37152.00213-203-288-323241-306-98.00
  Dividend Payments0%47.0047.0048.0033.0033.0035.0035.0027.0026.00-55.0026.0026.0026.0026.0023.0024.00-48.0022.0024.00
  Buy Backs25.2%144115160259206101229135172121142222--96.00---61.00-100

OC Income Statement

2023-09-30
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
NET SALES$ 2,479$ 2,529$ 7,373$ 7,476
COST OF SALES1,7521,8365,3055,430
Gross margin7276932,0682,046
OPERATING EXPENSES    
Marketing and administrative expenses201201612586
Science and technology expenses29268573
Gain on equity method investment0(130)0(130)
Gain on sale of site00(189)0
Other expense (income), net35(12)77(18)
Total operating expenses26585585511
OPERATING INCOME4626081,4831,535
Non-operating income(1)(2)(1)(6)
EARNINGS BEFORE INTEREST AND TAXES4636101,4841,541
Interest expense, net17286282
EARNINGS BEFORE TAXES4465821,4221,459
Income tax expense110114361340
Equity in net earnings of affiliates1120
NET EARNINGS3374691,0631,119
Net (loss) earnings attributable to non-redeemable and redeemable noncontrolling interests0(1)(2)2
NET EARNINGS ATTRIBUTABLE TO OWENS CORNING$ 337$ 470$ 1,065$ 1,117
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO OWENS CORNING COMMON STOCKHOLDERS    
Basic (in dollars per share)$ 3.74$ 4.88$ 11.75$ 11.42
Diluted (in dollars per share)$ 3.71$ 4.84$ 11.64$ 11.32
WEIGHTED AVERAGE COMMON SHARES    
Basic (in shares)90.096.390.697.8
Diluted (in shares)90.997.191.598.7

OC Balance Sheet

2023-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 1,323$ 1,099
Receivables, less allowance of $12 at September 30, 2023 and $11 at December 31, 20221,300961
Inventories1,2321,334
Assets held for sale045
Other current assets94117
Total current assets3,9493,556
Property, plant and equipment, net3,6883,729
Operating lease right-of-use assets216204
Goodwill1,3781,383
Intangible assets1,5261,602
Deferred income taxes1916
Other non-current assets293262
TOTAL ASSETS11,06910,752
CURRENT LIABILITIES  
Accounts payable1,1611,345
Current operating lease liabilities6052
Other current liabilities605707
Total current liabilities1,8262,104
Long-term debt, net of current portion3,0022,992
Pension plan liability7378
Other employee benefits liability116118
Non-current operating lease liabilities156152
Deferred income taxes430388
Other liabilities316299
Total liabilities5,9196,131
Redeemable noncontrolling interest2525
OWENS CORNING STOCKHOLDERS’ EQUITY  
Preferred stock, par value $0.01 per share[1]00
Common stock, par value $0.01 per share[2]11
Additional paid in capital4,1524,139
Accumulated earnings4,7183,794
Accumulated other comprehensive deficit(703)(681)
Cost of common stock in treasury[3](3,063)(2,678)
Total Owens Corning stockholders’ equity5,1054,575
Noncontrolling interests2021
Total equity5,1254,596
TOTAL LIABILITIES AND EQUITY$ 11,069$ 10,752
[1]10 shares authorized; none issued or outstanding at September 30, 2023 and December 31, 2022
[2]400 shares authorized; 135.5 issued and 88.9 outstanding at September 30, 2023; 135.5 issued and 91.9 outstanding at December 31, 2022
[3]46.6 shares at September 30, 2023 and 43.6 shares at December 31, 2022
OC
Owens Corning engages in manufacture and sale of insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, Latin America, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The company was incorporated in 1938 and is headquartered in Toledo, Ohio.
 CEO
 WEBSITEwww.owenscorning.com
 EMPLOYEES19000

Owens Corning Frequently Asked Questions


What is the ticker symbol for Owens Corning? What does OC stand for in stocks?

OC is the stock ticker symbol of Owens Corning. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Owens Corning (OC)?

As of Fri Dec 08 2023, market cap of Owens Corning is 12.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OC stock?

You can check OC's fair value in chart. The fair value of Owens Corning is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Owens Corning is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Owens Corning a good stock to buy?

The fair value guage provides a quick view whether OC is over valued or under valued. Whether Owens Corning is cheap or expensive depends on the assumptions which impact Owens Corning's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OC.

What is Owens Corning's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, OC's PE ratio (Price to Earnings) is 10.72 and Price to Sales (PS) ratio is 1.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Owens Corning's stock?

In the past 10 years, Owens Corning has provided 0.154 (multiply by 100 for percentage) rate of return.